Weight Of 2.5 Dollar Indian Gold Coin
Introduction
The 2.5 dollar Indian gold coin is an iconic coin of the United States that was minted between 1908 and 1929. It was designed by the famous sculptor Bela Lyon Pratt and was struck at the Philadelphia, Denver, and San Francisco Mints.
Design
The obverse of the coin features a left-facing portrait of a Native American chief wearing a full headdress. The word "LIBERTY" is inscribed above the portrait, while the year of mintage is placed below it.
The reverse of the coin features an eagle standing on a bundle of arrows and an olive branch. The eagle is surrounded by the inscriptions "UNITED STATES OF AMERICA," "2 1/2 DOLLARS," and "IN GOD WE TRUST."
Weight and Composition
The 2.5 dollar Indian gold coin has a weight of 4.18 grams and a diameter of 18 millimeters. It is made of 90% gold and 10% copper, giving it a total gold content of 0.12094 troy ounces.
The coin has a reeded edge and a face value of 2.5 dollars, making it a popular choice for collectors and investors alike.
Value
The value of a 2.5 dollar Indian gold coin depends on a number of factors, including its age, condition, and rarity. As of September 2021, a common date 2.5 dollar Indian gold coin in circulated condition can be purchased for around $350, while a high-grade, uncirculated coin can fetch upwards of $1,500 or more.
Some of the most valuable 2.5 dollar Indian gold coins include the 1911-D, which is known for its low mintage and rarity, and the 1929, which was the last year of production for the coin and is highly sought after by collectors.
Conclusion
The 2.5 dollar Indian gold coin is a beautiful and historic coin that holds value both as a collector's item and as an investment. Its unique design and low mintage numbers make it a popular choice among coin collectors, and its gold content provides a hedge against inflation and economic uncertainty.